Chandelier Lighting Company

Asking Price$150,000

Cash Flow
$52,950
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$180,000

Inventory$125,000
Included in asking price
FF&E$25,000
Included in asking price
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Chandelier Lighting Company


Asking Price$150,000

Cash Flow
$52,950
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$180,000

Inventory$125,000
Included in asking price
FF&E$25,000
Included in asking price

Seller Financing Available
Business Description
This business specializes in the sale and service of custom crystal chandeliers and related parts and accessories. Approximately 60% of the sales are retail customers and 40% is for commercial accounts such as hotels, churches, and office buildings. They also do special design chandeliers that are made with the customers' specific requirements, any size and style. The company has the largest showroom and inventory in the Houston Metro area. The inventory consist of crystal chandeliers, alabaster chandeliers, pendants, flush mount lighting, wall sconces, table lamps, floor lamps, crystal spot lights, and related parts. The owner died last year and his family has been operating the business on a part-time basis. The business is located in a business park on the Southwest Frwy. with ample parking. The shop has a large showroom, office, and shop area. The business has inventory of over $500,000 at cost, but is included in the selling price at $150,000. A long term lease of the property is available or the inventory could be moved to another location. There is a contractor who will stay with the business and has experience in assembling and installing chandeliers. The owner is now willing to provide Seller Financing for a qualified buyer.
About the Business
Years in Operation
36
Employees
1
Currently Relocatable
Yes
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,800
Rent
$6,600.00 per month
About the Sale
Seller Motivation
Death of owner
Transition Support
As needed
Financing Options
$75,000 Cash Down and Seller Note for $75,000 payable over 5 Years at 6% interest = $
Listing Info
ID
2210966
Listing Views
1234

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Business Listed by: Jeffrey Jones Advanced Business Brokers, Inc.

Listing ID: 2210966 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.